Tech firms share at 40% in total conventional office space demand: Colliers

Technology companies have taken on lease 10.8 million square feet of office space directly from property owners during the January-June period of this year across seven major cities, contributing 40% to total demand for conventional workspace, according to Colliers India.

Real estate consultant Colliers India data showed that the total gross leasing of conventional office space stood at 27.2 million square feet across seven cities in the first half of this calendar year. Of this, technology companies took 10.8 million square feet on rent.

Apart from…